GNE vs. ^SP600
Compare and contrast key facts about Genie Energy Ltd. (GNE) and S&P 600 (^SP600).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GNE or ^SP600.
Performance
GNE vs. ^SP600 - Performance Comparison
Returns By Period
In the year-to-date period, GNE achieves a -42.77% return, which is significantly lower than ^SP600's 10.94% return. Over the past 10 years, GNE has outperformed ^SP600 with an annualized return of 12.34%, while ^SP600 has yielded a comparatively lower 8.02% annualized return.
GNE
-42.77%
-3.86%
3.96%
-36.49%
16.35%
12.34%
^SP600
10.94%
1.91%
9.33%
24.88%
8.50%
8.02%
Key characteristics
| GNE | ^SP600 | |
|---|---|---|
| Sharpe Ratio | -0.99 | 1.31 |
| Sortino Ratio | -1.30 | 1.98 |
| Omega Ratio | 0.84 | 1.23 |
| Calmar Ratio | -0.69 | 1.26 |
| Martin Ratio | -0.86 | 7.24 |
| Ulcer Index | 42.75% | 3.62% |
| Daily Std Dev | 37.33% | 20.03% |
| Max Drawdown | -75.12% | -59.17% |
| Current Drawdown | -47.40% | -4.50% |
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Correlation
The correlation between GNE and ^SP600 is 0.33, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Risk-Adjusted Performance
GNE vs. ^SP600 - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Genie Energy Ltd. (GNE) and S&P 600 (^SP600). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Drawdowns
GNE vs. ^SP600 - Drawdown Comparison
The maximum GNE drawdown since its inception was -75.12%, which is greater than ^SP600's maximum drawdown of -59.17%. Use the drawdown chart below to compare losses from any high point for GNE and ^SP600. For additional features, visit the drawdowns tool.
Volatility
GNE vs. ^SP600 - Volatility Comparison
Genie Energy Ltd. (GNE) has a higher volatility of 9.51% compared to S&P 600 (^SP600) at 7.74%. This indicates that GNE's price experiences larger fluctuations and is considered to be riskier than ^SP600 based on this measure. The chart below showcases a comparison of their rolling one-month volatility.